07/20/2017
Danske Bank reports pre-tax profits of £56.5m for first half of 2017
The bank also reported that mortgage lending had increased 7% on last year.
Retail Banking
07/20/2017
Nordea delays HQ decision as Sweden mulls joining EU banking union
As new initiatives have surfaced in Scandinavia about exploring to join the banking union.
07/19/2017
PCF Group raises expectations as it launches bank business
"This is the culmination of three years of hard work for everyone within the group," said Scott Maybury, as PCF was cleared to start taking retail deposits
07/19/2017
Former Spanish banker found dead with gunshot wound
Witnesses who were with Mr Blesa in the private property near the southern city of Cordoba told police that the former banker left the group early on Wednesday morning, saying he was going to take his car.
07/17/2017
Austria's BAWAG PSK buys Germany's Suedwestbank
Suedwestbank has total assets of more than 7 billion euros ($8.02 billion) and 650 staff in its 28-branch network
07/14/2017
Santander launches €1bn scheme to cover retail investors’ Banco Popular losses
The bonds will pay 1 per cent interest annually and will be perpetual but redeemable after seven years, subject to the approval of the European Central Bank.
07/12/2017
Bain Capital Credit buys €1bn Spanish and Portuguese bad loans
Deals come as regulators push banks to offload their non-performing assets
07/10/2017
Metro Bank Is Going Digital And Using DevOps To Compete Against Traditional Banks
He hopes fans of the bank convince their friends to switch to Metro Bank, the same way as Apple fans persuaded their friends to switch to the iPhone.
07/07/2017
Raiffeisen Bank Polska IPO to be postponed
The decision to suspend the IPO was taken without an indication of a new timetable to replace the previously announced offering period.
07/07/2017
End is in sight for RBS on road to going private
We have to live in the real world.
07/07/2017
Bulgaria's Fibank sounding out potential investors, CEO says
We are looking at the three options for the time being
07/05/2017
Monte Paschi looks to leave "emergency room" and return to profit
It's a conservative plan.
07/04/2017
Yes Bank ties up with Santander UK
The LoC is part of an earlier line of credit of USD 25 million.
07/04/2017
Greece's National Bank to sell Romania, Serbia, Cyprus operations
The sale will be concluded in the next few months, it will be capital-accretive and beneficial to liquidity.
07/04/2017
DZ Bank appoints new co-CEOs as of 2019
Supervisory Board discusses holding and decides on executive board staffing issues
07/04/2017
EU clears Italy's $6 billion state bailout for Monte dei Paschi
The bank's overall capital shortfall is 8.1 billion euros.
06/30/2017
M&A alert. Intesa Sanpaolo acquires the branch network of Veneto Banca in Romania
I have been working and living in Romania for many years and I am sure that this acquisition will help to further develop the already good business relationships between Italy and Romania
06/29/2017
Co-op Bank bondholders to lose at least 55pc of their money in restructuring deal
That swap involved a loss or “haircut” of about 50pc of bondholders’ original investment.
06/26/2017
Co-Op Bank halts sale process
The investors want to extricate the bank from the Co-Op Group’s retirement plan
06/25/2017
South Korea's Woori Bank to open Frankfurt subsidiary ahead of Brexit
The South Korean bank's decision to set up the subsidiary was made at the start of this year and will likely see it set up shop with five staff this autumn - all of which are expected to be new hires.